Goldman Sachs and Warren Buffett

Goldman Sachs is now the US's fourth largest commercial bank holding company and Warren Buffett is it biggest single shareholder. He is also the biggest shareholder in American Express and in Well Fargo,Warren Buffett, who invests through his Berkshire Hathaway conglomerate, has posted an average annual return of 23 percent over a 30-year period ending in the 1990s, but has returned just 3 percent annual returns over the last decade.By comparison, the S&P 500 index has averaged a 2 percent annual decline over the last 10 years.